I see the nickel price dropped by almost 9 per cent overnight on continued oversupply fears and threats by Indonesia to resume exporting nickel laterite ore. Thank goodness we've made the timely jump into lithium and gold. Very perspicacious of our rock star management team. No doubt the nickel will still be there in the Roe Hills when the next nickel boom arrives. Although I do imagine all those millions of new apartment dwellers in China will need to buy stainless steel kitchen appliances at some point.
MPJ Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held